Press release
Global Self-Driving Car Hardware Market 2018-2023
Mobility Foresights announces publication of a new syndicated report titled “Global Self-Driving car Hardware Market 2018-2023”Key contents of the report include-
• Market size and Forecast segmented by, component (Sensor, LIDAR, Camera, Central Computer, and GPS), Geography(North America, Europe, Asia Excluding China and China),Autonomous Level(Semi-Autonomous, Fully Autonomous)
• Market Dynamics(Trends, Drivers and Challenges)
• Market share and competitive landscape of self-driving car hardware manufacturers
Download a sample of the report at our website- http://bit.ly/2IxPZ85
INTRODUCTION
There is a lot of buzz about Mobility as a service claiming to be the most popular business model for automotive industry. It is also one of the major reasons why autonomous vehicles are being looked up with all that seriousness. Autonomous vehicles offer many advantages in terms of improved safety, efficiency and congestion.
The use of technology to implement a shared autonomous taxi system adds further advantages in terms of comfort and, above all, to significantly reduce congestion during peak times. Because the stand-alone shared taxi system offers door-to-door service, its level of comfort is comparable to that of conventional cars
MARKET DYNAMICS
Considering mobility as a service instead of a single transaction, car players could open new avenues for increasing their top line and bottom line. The robot-taxis could recreate profit groups and ownership of "checkpoints", which are profitable locations controlled by specific players with offers that are difficult to replicate and of high value. For autonomous taxis, checkpoints can include critical autonomous vehicle technologies or customer-specific contact points. These changes will have knock-on effects in other sectors such as insurance companies, aerospace, railways and infrastructure.
MARKET SIZE AND FORECAST
Upcoming developments related to AV production
• General Motors plans to mass-produce self-driving cars without steering wheels and pedals by 2019.The vehicles will be used in on-demand taxi application by Cruise automation.
• Ford will build a production version autonomous car by 2021
• Waymo is preparing to launch its first commercial ride-hailing service in Phoenix, Arizona featuring fully driverless minivans(Chrysler Pacifica) later in 2018
For Self-driving car hardware volume, the year 2018 is expected to be somewhere close to XX thousand units increasing to XX thousand units in 2019. 2019 will see a strong volume growth to XX thousand units mostly as a result of many new EV models being launched by multiple manufacturers. Overall the growth of this market in the next 5 years will remain encouraging at XX% marked by multiple highs in between. Most of the growth will only come towards XX.
COMPETITIVE LANDSCAPE
As more cars are equipped with advanced driver assistance systems (ADAS) and self-driving technology, suppliers of these components are ready for a win. In 2025, automakers are expected to produce ~XX million vehicles equipped with collision-avoidance systems. The tier 1 hardware suppliers are promoting their ability to integrate the necessary array of sensors, computer chips, hardware and software. The surge in demand of highly automated vehicles, increasing safety concerns, and stringent governmental regulations are the primary factors responsible for the growth of this market.
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
1. Will electric and autonomous cars really happen?
2. Will 2030 be the death of internal combustion engine powered cars?
3. Is Mobility as a service the future?
4. The market size (both volume and value) of Self-driving car hardware market in 2018-2023 and every year in between?
5. The market size and forecast segmented by Autonomous level
6. The market size and forecast segmented by geography
7. Market share of suppliers in all components(LIDAR,Camera,Sensor,Central Computer and GPS)
8. Cost breakup of every component(LIDAR,Camera,Sensor,Central Computer and GPS)
9. Latest trends in Self-driving car hardware components
10. Supplier-OEM relationship in the Autonomous vehicle industry
To enquire about the report write to us at sales@mobilityforesights.com
The report can be purchased at http://bit.ly/2IxPZ85
We are a market research firm specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction& agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned. We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion.
CONTACT US:
MOBILITY FORESIGHTS PVT LTD
#56/2, HAL 2d Stage, Bangalore, INDIA 560008
Phone: +1 912-454-2080
Mail:sales@mobilityforesights.com
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